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What are they supposed to store an indefinite amount of video for an indefinite amount of time?
If they get paid for it, absolutely.
Aside from that they could at least provide a bulk download, which is another dick move by these walled gardens.
But Twitch says it won’t be offering a bulk download tool for that purpose, sticking [users] with the daunting task of downloading and/or reuploading their clips one by one (or using dodgy third-party bulk download tools to do so).
Granted, a programmer or advanced user should have no problem with it but the potential for security incidents is huge for normal users trying to save their favorite clips.